Sydney, Australia -- (SBWIRE) -- 05/09/2013 -- If we look around, many Australians are unable to borrow from a regular bank or lender because they fall outside the normal guidelines enforced by the bank. This in most cases is because of their somewhat poor credit ratings or they are already highly debt ridden. The economic slowdown is also responsible to driving many innocuous people into this imbroglio. The debts can keep on accumulating over a period of time forcing one to contemplate on declaring bankruptcy, which is not a very pleasant situation to be in.
Often people try to make the best choices, but sometimes due to life’s circumstances or certain temptations they end up making wrong decisions. This situation is particularly applicable to certain financial decisions people may make.
Declaring bankruptcy is actually an end of the line solution. But many are under the impression that it is the way out when everything seems to go wrong and out of control. It should be realized that entering into bankruptcy or a part 9 agreement can adversely affect a person’s credit history. It would have serious consequences on the person’s ability to borrow in the present as well as the future. The implications of opting for bankruptcy can be drastic on the rest of financial life. This is where Prime Choice comes to the rescue. The spokesperson of the company says “Work with professionals when it comes to dealing with debt. You can get a personal financial planner, for example, who could work in straightening out your budget and expenses. Then there are firms that deal specifically with helping those who are in debt trouble.”
How it works:
The process is quite simple. To get help when considering bankruptcy Australia, as a last resort, user just needs to log on to primachoice.com.au and fill an online form. A Prima Choice advisor will get in touch with the client within an hour. If required the user can also directly call on the free help line numbers available on the website. The Prima Choice advisor will explain about debt negotiation and refinancing which can keep bankruptcy at bay. In fact the experts at Prima Choice could be able to reduce their client’s debts via negotiation and refinance all their debts into a reduced single payment. The company spokesperson explains “Our debt negotiation partners can typically reduce the amount you owe down to 30%, and also help you negotiate a realistic payment plan with your creditors, at which point our finance advisor may be able to consolidate all your remaining debts into a single monthly payment.”
Prima Choice is a reputed company offering financial advice for persons considering bankruptcy, debt consolidation, loan arrears, bad credit etc. It helps people in putting their financial life back on track. It is based in Sydney, Australia. The goal of the company is to provide real life solutions that help people to create and implement a plan to move in to mainstream solutions in the future. It is no wonder then that more and more people are logging on to primachoice.com.au for financial advice. This is what a client says about the company: “Calling Prima Choice saved me my business, my credit rating and my home.” - Brendan W
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